Petrol price cut by Rs. 2.46 a litre
Bringing some relief to the inflation-battered common man, the oil companies have cut petrol prices by Rs. 2.46 per litre, as the fuel became cheaper in bulk markets on the back of declining global demand. The reduction in price varies from Rs. 2.46 per litre to Rs. 3.22 per litre, depending upon local taxes in different States.